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a6aU 6aw tM optbn W receiw and ap~pty the suw a~ woount ot t6e IadeM~edness ~scured Mreby ar to pe~it
s~W 1[ort~sgor W reaive and ua~ it or ~n,y part th~reot far othe~ purpwe~ witl~out th~nb7 waivin~ a imp~
W pait7. li~n ar right undar or by virtue of thts mortg~~ aad ia tha ewnt s~id ~tortsagoe ~11 tor any re~~oa
hil to keep tbs aid pcemios~ ro inwred. or idl w dstiv~ p~anpttp any ot aid pdkis~ ot ~ to wid
Mort~ae~, oe hil promptly to pry futty any premium t6erefar. ot ia aqy reip~ct fiD to p~tctm dlsd~r~.
ueuta efteet. canPiste. oomp~y with and abide by thi+ covenent, or aqy part heceof. said Matsseee uWr. plaos aod
P~Y far sueh insunaos o: wy p~rt tbereot witl~a~t wdving a~Heeting aay option. li~. puih~ or risAt nndee ar by
virtus of this mort~a~. and t6s tWl amount oi eaeh and ev~r sucA PaYme+st siWl be imn~sdiatdy dw and p~nbls
ud st~l! be~r inteewt irom tiM date tAeteoi until p~id ~t the nte oi teo per osntum pu anaum and t.ogetlw~ w!W
s~cA insered sbaU bs seeured 67 tbe liea ot thi~ ma~ts~e.
To permtt, commit .or sufter no waste, imp~ir~?eat or de~iontion oi e~d propsrty oc any part thee~eol.
5. 1b pay all and singular the coata ch~rgse u~d e~ansss. inch~din8. reasonabk lawyer's tees md oost of
abstraet~ of titk. iaeun+sd or paid at~ any tirns ~y ~aid Mortgages because andlor ia tbe event of Me f~ihue oa tbe
part of . ths said Mort~or W duly. promptly and tulb? P~torm, dise6~r6s, esecute. eHeet, eomPlat~, oomspiy witA
ud abide br e~ aud every t!?e stipu4tioai. ~rosmant~. aoaditions and oove~~nts of said pmmiMOry nots. ~nd
this mo:tgage. any or either. ~nd said costa. chuges aad ~psnse~. e~eh and every. shaU bs ima~edi~tdy due and
P~Yabb. whetl~r or aot there be aotice. dem~nd. attempt to coUect o~ suit pending; and tM tull ~nionnt ot e~ch
•nd every such payment ihall bsar lntsrest trom t6e d~te thereof until pai~i ~t the nte ot ten pe~ ceatum per
anaum: ~nd all s~id eo~ts. charee~ and e:penses so incurred or p~id, togecher with aueh interest. ahaD bs secored by
the liea ot tRis mortga~. ~
6. 7bac W in c6s e~vsnc ot any bra.ch o! chis nwresags or deLW~ oa cbs p.rt of cbs Morc~aaor. ar (bl in the
• evmt aay of said sum~ ot monep beran reterred to bs aot proa~ptly ~nd ful~r paid withia t~ d~y ne~t aifer ths
sams MverallY beoome dus and p~yable. wkhout demand or notice. or Ic) in t6s e~roat e~ch ~nd every tM stipalations.
~e+sementa. oooditioo~ and oovsnant~ oi Mid promis~ory note and thi~ enatgsas, any o~ eitber. ~ oot dn~y,
p~PUY ~~Y P~• ~eented. effeeted. oompkt.ed. oo~aplied .rit6 and ~bided by. then. in dtber
or any snch even~ ibe wid ag~egate ~um msntioned ia said promissory oote tben remaining. nnpaid, wiC6 inteeest
aoer~ed, and vl monep~ sscured hereby. shall beoome dus and p~yable torthwith. or thereaiter. at the option of s~id
Ma~ts~gee, as tnUy ~nd oompktsly as if ali of tl~e s~id sams ot nomey ~rere originally sttpul~ted to be paid on
a~ch day. tnything in said promissory rate. tad a ia thi~ mo~t6~8e to ths oontrasy aotwithstandin~ and
tAeeaupon or theraatter ~t the option ot s~id Noet~gse. without aotioe or d~m~nd, snit at Lw or in eqnity.
theretofora or there~tter be~n, may be pro~eeuted as ~f dl monsys s~eured hereby had matured prior to its
in~itution. -
7. 'n~.c in ths eveat chac .c ct,e beginning ot or .c any ctms pending any ~u;c upon chts morcgaga or w torscloae ~
~t. o: to ~form It, andlor w entoree p~ymeat of any claim~ haceunder. said Mortgagee shall apply W ths court
baving jurisdfction tMe+eoi ior tbe appointment of a RACeiver. s~h court shaU forthwith ~ppoint • Reoeiwr ot s~id
~i~ ProP~r singulu. inctuding all and singuler t6s reats inconoe pro~iu. iisues and rsvennea hom
~~r~ ~~e desived, each end every of which, it being e:preesly underataod ia b~eby mottg~gsd ~s if
~ speeifieallp ~st forth and desrn'bed in t6e granting aed habendum clauses h.reof. and such lieoeiver shaU luve
a11 the brwd and eHeMive tunetions and powers in anywiee entrusted by a court to s Receiver. and aucl? ~ppointment
s6all be made by such court ~i ~n admitted equity and ~ m+itter of abootut~ right to aaid Mortgagee, ~nd witMut
~ referenx to the adeqwcy or inadequacy of the value of t6e proparty mortgsged or to the soivency or insolvency
of s~id Mortgago~ andlor of the detendants. and that such rants, profits, incoms, iswe~ and revenues sLall be ~pplied
by. sueb Reeeiver aooording to tl~e kin andlor eqnity of said Mortgagee and the pnctioe of such caurt.
8. It is undecstood and ag~eed t6at tLis mortgage is giveo to secius. in ~ddition to t6e note ot obiigatan
~ abova d~scribsd any ~dditional {o~ns or inturs advana~ mads wlthia tweoty ye~n trom date 6eroot by th~ mort;agse
to wid mortga~ocs a at~ soccessor Li titls of nid moctaagon oi the R'oP~~Y ~Y copvsyed: providsd th~t the
t~otal nnpaid bdance of tbe indebtednsss secured hereby ai ~ny oae tims shall not e:eeed the rnuimum prinap~l
amooncot SEYEN THOU$AND FIVE HUNQRED NINETY EIGHT ~~7598.00~------------~~
li plns intere~t thareon and a~ dlsbnr~nneats m~de by the ~nortgagee for p~yrnent o tues, leviss or inwranoe
on the Propa~tY eneumbsred 6eisby. wfth inteeest on ench disbnrsements. .
IN WITNE3S WHEREOF, the said Mortg~gor has e:ecuted this raortg~ge under sed on the day and year 6ee~ein
first. abovs writta~.
i
a , se~led and delivered ' presance of:
m-~ 13EAL1
ISEALI
~ n . one
~ SfATE OF FIARIDA
~ OOUNTY OF 3f. LUCIE ~
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~ James J. Malone and Ann T. Malone, hi; ytffe Of
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2548 Hutchinson St. , Chica4o, I11. 60618
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LO m~ w!u ~DO~wn i~ ~O'wD t0 ~t0 ~1! L~ ID~i?dOl~.»S~Qibea ~R ~ QIbO ~q~:~ _
~nd acknowLdgsd betore ms t~t ..ye:eeutd the eaane fas ths purposes thenin_~~ - !~1~~;
wrrntESS my ~ .oe ~d.t c~ 7th d,r ~ N _ ! . : . ~ . .
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~ ° R 312 362 ~ - ~
' 300!l PAGf . ~1°
~ ~ Calrol i!~,+~ ~
~ M~~~,:
~ March 8. 1982 ~ ,
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